When a stock hits a fresh low, it can either signal a dirt cheap dream stock or a dreadful stock to avoid. Separating the wheat from the chaff is difficult, but finding well-run companies at bargain-basement prices is a great way to accumulate a fortune over the long run.
With that in mind, we'll use the aggregate intelligence of the 110,000-plus investors participating in Motley Fool CAPS to see what the community is saying about stocks hitting 52-week lows today. The community's approval (signified by four- and five-star ratings) could indicate that further research is in order.
Here are three such stocks:
| Company |
Today’s Low |
Industry |
CAPS Rating (out of 5) |
Fools Saying Outperform |
|---|---|---|---|---|
|
iShares MSCI Spain Index (ETF) (NYSE:EWP) |
$50.44 |
Closed-End Fund - Equity |
|
97 of 111 |
|
Banco Bilbao Vizcaya Argentaria SA (ADR) (NYSE:BBV) |
$17.11 |
Foreign Regional Banks |
|
173 of 182 |
|
IRSA Inversiones Representaciones (ADR) (NYSE:IRS) |
$9.62 |
Real Estate Development |
|
161 of 170 |
Source: Motley Fool CAPS, as of Aug. 14, 2008.
Five-star closed-end fund - equity companies:
- POWERSHS DB MULTI SECT COMM (AMEX:DBO): Stock price is 73% higher than last year.
- POWERSHS DB MULTI SECT COMM (AMEX:DBE): Stock price is 62% higher than last year.
Five-star foreign regional banks companies:
- Banco Bradesco S.A. (ADR) (NYSE:BBD): Stock price is 20% higher than last year.
- First BanCorp. (NYSE:FBP): Stock price is 11% higher than last year.